Real Estate in Redondo Beach – 1st qtr ’16 Market Update

Redondo Beach Real Estate market data reflects rising home prices in the first quarter of 2016. Redondo market remains hot and it’s still the seller’s market.

175 homes were sold in Redondo Beach in the January-March period, 11 homes fewer than a year ago. Average listing prices was $1,005,571, 10 percent increase y-o-y. Average selling price was $997,437 compared with $909,732 in 2015, 10 percent price increase.

Here is the Redondo Beach market snapshot as of today 4/27/16

Redondo Beach Real Estate Statistics

Total Listings:

125

Average Price:

$1,335,504

Highest Listing Price:

$12,999,900

Lowest Listing Price:

$398,000

By Krystyna Baty RedondoBeachRealEstateOnline.com

Krystyna Baty is the experienced and award winning Realtor; TRG and Century 21 Top Producer, specializing in Redondo Beach and South Bay real estate. California licensed Realtor, Krystyna will put you on the path of a smooth real estate transaction.

Redondo Beach Real Estate in 2016 Real estate market in Redondo Beach CA numbers have gone up againe. Home prices and sales went up. One of the contributing factors were low mortgage rates and increased loan availability. Redondo Beach homebuyers often competed for houses and condos, pushing prices further up. We continued to be in […]